Experience Equanimity with Velan: Outsourced Accounts Receivables Management
Unpaid invoices making your Cash Flow Projection look bleak?
Even the giants of the industry landscape prefer outsourcing their Accounts Receivables. What are you waiting for? Don’t let late invoices deteriorate your business. Outsource AR to us and achieve greater peace of mind, knowing for a fact that we’d closely work with your collections team and dearly uphold your client relationships.
Did you know? 26% of 3-month old invoices , 70% of 6-month old invoices and 90% of 12-month old invoices are uncollectable!
Accounting for Small Businesses/Accounting Firms
Outsourcing receivables management would mean a significant step towards organized and flawless Cash to Order processing. Not just Accounting Firms, but small businesses from any industry vertical would find it appreciably valuable to have experts handle their accounts receivables. Right from invoice verification to bad debts managements, Velan’s resources are trained specialists in AR.
Improve your Cash Flow with EDI
EDI has gained extensive momentum and in line with the changing technology landscape, Velan provides you experts trained in QuickBooks, Intuit, FreshBooks, Zoho, Xero, FinancialForce, etc. The receivables management services have taken a quantum leap in streamlining processes.
- Generate invoices and timely distribution
- Co-ordinate with collections team where necessary
- Provide reports, predictions, and forecasts
- Receive and record payments
- Archive efficiently
- Effectively mitigate loss of revenue
- Accurate and reliable management
- Fundamentally reduced Customer Churn
- Compliant at all times
- Up-to-date with regulations
Accounts Receivables Services
Pricing and Quotations
Sales order processing
Billing, invoice, follow ups and credit management
Debit/Credit note processing
Secure and compliant processes
Collection watch – minimize “past due”
Bad Debt Analysis
And much more!
Outsource Receivables Management to Velan
Timely collection of accounts receivables is an important source of cash inflow. It comprises up to 30% of the company's assets and is critical in determining the success of an enterprises.
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Velan's receivables management team helps your enterprise gain control on every account, follow-up on outstanding invoices, and facilitate quicker payments! Outsource your receivables management to Velan, for significant improvement in cash flow. We follow best practices and ISO 9001:2008 certified processes. We offer a wide platter of outsourced accounts receivable services, wherein clients can choose to outsource all, or a part of their accounts receivables business function. Outsourcing accounts receivables to Velan, helps streamline your credit approval initiative while improving cash flow and minimizing bad debt exposure.